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The phrase "a low level of risk" is correct and usable in written English.
It can be used in contexts discussing safety, finance, or any situation where risk assessment is relevant.
Example: "Investing in government bonds is often considered a low level of risk compared to stocks."
Alternatives: "minimal risk" or "reduced risk".
Exact(12)
However hospital PFI schemes are a major factor: - the PFI funders are over rewarded for a low level of risk.
"The overwhelming majority of patients who have one are at a low level of risk and there is no need to have the device removed," he said in an e-mail message.
Meanwhile the landmark Birthplace study, published last month, for which Oxford University researchers examined 64,500 births by low-risk women in England, sought to clarify the relative risks of having a baby at home, in hospital or in a birth centre run by midwives; the study found all settings carried a low level of risk.
There are reasons for believing that there is a low level of risk to public health [in terms of] communicable viruses and bacteria – respiratory viruses, colds". He cites the possibility of someone treading on spit and then taking their shoes off later; or someone putting spit-addled shoes on the bus seat, and another passenger putting their hand on the seat.
Table 3 illustrates dispatching differences for the cases of the maximum risk (λ = 0) and a low level of risk (λ = 0.5).
Familiarity indicates a low level of risk reflection on technology interaction 9 and a high level of confidence, thus resulting in a very routine mode of interaction.
Similar(48)
Atardeceres (C1) shows a low level of total risk resulting from a medium low physical risk and a low aggravation.
Our commitment to operating with integrity, combined with our approach to tax compliance results in a low level of tax risk for the Company.
A borrower with a strong balance sheet and a low level of business risk can usually convince the banker that a very loose dividend restriction (e.g., "cumulative dividends and stock repurchases shall not exceed 45% of cumulative net income") is acceptable.
The FAA determined that drones pose a low level of pubic risk and that imposing all of those requirements would be unduly burdensome.
With regard to the gross return on investment (ROI), it should be highlighted that a large profitability ratio indicates a low level of insolvency risk.
More suggestions(16)
a small level of risk
a low level of exposure
a lower level of risk
a low level of anxiety
a reduced level of risk
a low level of culpability
a low level of use
a substantial level of risk
a similar level of risk
a low level of harvesting
a certain level of risk
a low level of grip
a low level of remuneration
a low level of modernity
a low level of standardization
a low level of day
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com